Plan for July 09

To stay short below

i) 8200, then
ii) 8400.

Long above 8400.

No O/B no problem, just sell with price action and ticks

This LTF chart is part of bigger 60minute Reversal set up. ETF was already OB-. So look to sell with LTF (T400) for NQ.

Usually, it should be taken at OB and/or meanlines. But this time, there is no OB on T400. Cycles became weaker and weaker. H1, H2 and third time testing H1 level.

At that time, T100 was OB- and already weak.

Therefore, take 'reversal short' at T100 OB- and broke with down bars below vwap.

Yes, it went down as low as 1421 ( from 1438, so +17pts, 68 ticks move).